Sterling Construction (NASDAQ:STRL) Posts Earnings Results

Sterling Construction (NASDAQ:STRL) issued its quarterly earnings data on Sunday. The construction company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.21 by $0.16, Fidelity Earnings reports. Sterling Construction had a net margin of 4.12% and a return on equity of 18.54%.

STRL stock traded up $2.24 on Tuesday, hitting $23.22. The company’s stock had a trading volume of 1,067,327 shares, compared to its average volume of 326,807. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 1.33. Sterling Construction has a 1 year low of $6.72 and a 1 year high of $24.49. The firm has a 50 day moving average of $21.33 and a two-hundred day moving average of $19.72. The stock has a market cap of $664.07 million, a price-to-earnings ratio of 11.11 and a beta of 1.43.

Separately, Zacks Investment Research cut Sterling Construction from a “buy” rating to a “hold” rating in a research note on Tuesday, April 20th.

Sterling Construction Company Profile

Sterling Construction Company, Inc, a construction company, engages in the heavy civil, specialty services, and residential construction activities primarily in the southern United States, the Rocky Mountain states, California, and Hawaii. The company undertakes various heavy civil construction projects, including highways, roads, bridges, airfields, ports, light rail, water, wastewater and storm drainage systems for the departments of transportation in various states, regional transit authorities, airport authorities, port authorities, water authorities, and railroads.

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Earnings History for Sterling Construction (NASDAQ:STRL)

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